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20 m arch 2014 oryza news by riceplus magazine

1.
Cambodia Rice Exporters Say Hackers Are
Compromising Websites, Account Info
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Mar 19, 2014
The Cambodian Rice Exporters would like to alert the rice community that
some of the nation’s rice exporters’ websites and e-mail addresses have
been attacked and compromised by hackers.
Incidents include fake e-mails sent, as well as fake invoices.
If you receive an e-mail asking for informing about new bank information,
please contact your sales representative immediately via phone to double-
check the validity of the request.
Tags:
Cambodia rice exports, computer hacking, account fraud
- See more at: http://oryza.com/news/rice-news/cambodia-rice-exporters-say-hackers-
are-compromising-websites-account-info#sthash.j58fh74R.dpuf Asia Rice
Quotes Unchanged Today
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Mar 19, 2014
Asia rice sellers kept their quotes mostly unchanged today.
5% Broken Rice
Thai 5% rice (of new crop) is quoted around $400 - $410 per ton, about a
$10 per ton premium over Viet 5% rice shown around $390 - $400 per ton.
Indian 5% rice is quoted around $420 - $430 per ton, about a $20 per ton
premium over Pak 5% rice quoted around $400 - $410 per ton.
25% Broken Rice
Thai 25% rice of the old crop is quoted about $350 - $360 per ton, about a
$5 per ton premium over Viet 25% rice shown around $355 - $365 per ton.
Indian 25% rice is quoted around $360 - $370 per ton, about a $5 per ton
premium over Pak 25% rice quoted around $355 - $365 per ton.
Parboiled Rice
Thai parboiled rice of the old crop is quoted around $405 - $415 per ton.

2.
Indian parboiled rice is quoted around $405 - $415 per ton, about $15 per
ton discount to Pak parboiled rice quoted around $420 - $430 per ton.
100% Broken Rice
Thai broken rice, A1 Super, of the old crop is quoted around $305 - $315 per
ton, about a $30 per ton discount to Viet broken rice shown around $335 -
$345 per ton.
Indian broken sortexed rice is quoted around $300 - $310 per ton, about a
$30 per ton discount to Pak broken sortexed rice quoted around $330 - $340
per ton.
Tags:
Asia rice quotes, Thailand rice quotes, Vietnam rice quotes, Pakistan rice quotes, India rice quotes
- See more at: http://oryza.com/news/rice-news/asia-rice-quotes-unchanged-today-
15#sthash.UNbzHQ3m.dpuf Tiny Sushi Makes Giant Impact –
‘Each Grain Has Quite a Distinct Taste’
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Mar 19, 2014
For more than thirteen years, sushi chef Hironori Ikeno has been making
tiny sushi – each one consisting of just one grain of rice and weighing less
than a gram. Despite the miniscule size, each one takes five minutes to
make – five times as long as each normal-sized sushi takes. Hironori Ikeno
has made tiny counterparts for seven of his sushi creations at his restaurant
in Tokyo, and they each include the same ingredients as the original – for
example, there are egg and tuna filets, seaweed-wrapped sea urchin, and
octopus tentacle composed into sushi rolls with a single grain of rice –each
one smaller than a fingernail!
The surprising thing is that each piece is apparently still packed with flavor.
One of Ikeno’s customers, Hisako Okamoto, says “Each grain of rice actually
had quite a distinct taste.”
Now, the chef only makes the tiny sushi for children, tourists, and couples,
but he says the whole idea started as a joke; “I actually started the whole
thing from a joke with a customer whom I served miniscule sushi to and I
started to wonder, how tiny could I make it?”
Video: https://www.youtube.com/watch?v=_flJuyaAVnwwww.bbb.com/news
/world-asia-26477243

3.
- See more at: http://oryza.com/grain-interest/tiny-sushi-makes-giant-impact-
%E2%80%93-%E2%80%98each-grain-has-quite-distinct-
taste%E2%80%99#sthash.nxIWQZuQ.dpuf Oryza Rice Currency
Analysis for Today – Mexico Peso Down 0.9%
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Mar 19, 2014
U.S. dollar index was up +0.75% from the open today, when it traded at
80.014 at the close.
Euro was weaker -0.76% by the close, trading around 1.3828 by end of day,
after trading between an intraday high of 1.3934 and low of 1.3810.
Thai baht was weaker -0.53%, trading at 32.280 at the close of business.
Indian rupee was stronger +0.41%, closing at 60.9550.
Brazilian real was -0.63% weaker at the close of trading today, trading at
2.3490 reais per dollar.
Pakistan rupee was +0.89% stronger at 98.1790.
Vietnamese dong was unchanged at 21098.
Mexican peso was weaker -0.88% today, when it traded at 13.2765 pesos
per dollar by the close of business.
Chinese yuan was stronger +0.01%, trading at 6.1943.
Argentine peso was stronger +0.03% at 7.9520 pesos per dollar.
Tags:
foreign exchange rates
SimilarStories...
- See more at: http://oryza.com/news/fx/oryza-rice-currency-analysis-today-
%E2%80%93-mexico-peso-down-09-2#sthash.JhfiHS7L.dpuf Oryza Afternoon

4.
Recap – Chicago Rough Rice Futures Chart Turns
Bullish
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Mar 19, 2014
Chicago rough rice futures for May delivery settled 12 cents per cwt (about
$3 per ton) higher at $15.520 per cwt (about $342 per ton). Rough rice
futures recovered following yesterday’s double digit sell-off, once again
closing in technically positive territory. Although today’s settlement price is
above Monday’s, the market was unable to break through the high marked
yesterday, a potentially negative sign. The fact that trade volume remains at
a depressed level, as well as that today’s action has charted out an inside
day means that technical traders will see little significance in today’s move.
However; the ability to prices to close back above the 20-day, 50-day
moving average, as well as psychological resistance around $15.500 per cwt
(about $342 per ton) are all seen as bullish signals. Shorter-term indicators
point to a market that has taken on a positive tilt, while longer-term, slower
moving averages point to a market that remains trapped in a sideways
trading range. The other grains finished higher, led but another huge gain in
wheat today; soybeans closed about 0.9% higher at $14.3125 per bushel;
wheat finished about 3.4% higher at $7.1675 per bushel, and corn finished
the day about 0.3% higher at $4.8875 per bushel.
U.S. stocks remained close to the flat-line in lackluster trading Wednesday
as investors took a breather following a sharp two-day rally and ahead of the
Federal Reserve's policy announcement. The Dow Jones Industrial Average
toggled in and out of positive territory. The blue-chip index has been trading
in a narrow 48-point range. The S&P 500 and the Nasdaq were also narrowly
mixed. All three major averages are still holding onto slight gains for March.
Among key S&P sectors, techs slipped, while health care ticked higher. The
conclusion of today's Federal Open Market Committee meeting and Fed Chair
Janet Yellen's debut press conference as head of the Fed will take center
stage in the afternoon. Economists expect the central bank to taper by
another $10 billion and alter its forward guidance stance. Gold is trading
about 1.4% lower, crude oil is seen trading about 0.2% higher, and the U.S.
dollar is seen trading about 0.1% higher at about 1:00pm Chicago time.
Tuesday, there were 278 contracts traded, down from 340 contracts traded
on Monday. Open interest – the number of contracts outstanding – on
Tuesday increased by 24 contracts to 8,036.

5.
Tags:
chicago rough rice futures, U.S. rice prices, U.S. rice market
- See more at: http://oryza.com/news/cbot/oryza-afternoon-recap-%E2%80%93-
chicago-rough-rice-futures-chart-turns-bullish#sthash.fAcyY4YI.dpuf India Winter
Rice Crop Hurt Due to Unseasonal Rains, Hailstorm
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Mar 19, 2014
Unseasonal rains and hailstorms in recent weeks have led to heavy losses of
crops, including winter rice (November – March), in the Indian state of
Maharastra and some other states. Most of the damage was seen in
horticulture crops.
According to local sources, about 290,000 hectares of standing cop in
Maharastra alone is affected, and about 33 debt-ridden farmers have
committed suicides since February 24, 2014 unable to cope with huge
losses. The state government in Maharastra has asked the central
government to provide 50 billion rupees (about $820 million) in relief and
has requested farmers to wait for relief measures.
Crop losses have also been reported in Andhra Pradesh, Karnataka, Madhya
Pradesh Uttar Pradesh, Odisha, and some other states. However, the
government says that total food grain production is unlikely to be affected
by unseasonal rains. According to the second advance estimates of the
Agriculture Ministry, India’s total foodgrain production is estimated at around
263.2 million tons during 2013-14 crop year (July-June), including around
106.2 million tons of rice. This year, India’s winter rice production is
estimated at around 14.2 million tons.
Tags:
India rice production, Farmer suicide
- See more at: http://oryza.com/news/rice-news/india-winter-rice-crop-hurt-due-
unseasonal-rains-hailstorm#sthash.vAYtjJg5.dpuf South Korea Purchases
14,614 Tons of Thailand Rice in Tenders
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Mar 19, 2014

6.
South Korea has purchased 14,614 tons of Thailand rice in a tender to
purchase 57,114 tons of non-glutinous rice that closed on March 13, 2014,
the state-run Korea Argo-Fisheries & Food Trade told Reuters. The rice of
Thailand origin rice was purchased at $458.45 per ton (CIF), and delivery is
expected in June 2014.
South Korea is expected to announce the results of other tenders for about
42,500 tons soon.
Tags:
South Korea rice tender
- See more at: http://oryza.com/news/tenders/south-korea-purchases-14614-tons-thailand-rice-
tenders#sthash.VpbQL8kQ.dpuf
Thailand Government Approves Payments to Rice
Farmers from $621 Million Central Budget
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Mar 19, 2014
The Thailand caretaker government has approved payments to rice farmers
from the 20 billion baht (around $621 million) borrowings from the Central
Budget, according to the local sources.
The caretaker government has transferred the money to the Bank of
Agriculture and Agricultural Cooperatives (BAAC), and payments to farmers
under the rice mortgage program are likely to begin today. The government
says that the money would be paid to around 150,000 to 200,000 rice
farmers, who received their warehouse receipts before December 9, 2013 for
pledged rice from the 2013-14 main harvest season (October 1, 2013 -
February 28, 2014).
The Election Commission (EC) had approved the government to use the 20
billion baht (around $621 million) from the Central Budget to make
payments to farmers. However, the government has to repay the amount by
May 31, 2014. The 20 billion baht (around $621 million) represents only
one-sixth of the total amount of overdue rice-pledging payments to farmers.
The government says that it will return the money by selling about one
million tons of rice from its stocks through auctions. The government is
hopeful of raising around 12-15 billion baht (around $373 - $466 million)
from the rice sales, and the remaining amount would be used from the
Commerce Ministry's wider cash flow, government sources said.
Meanwhile, the Caretaker Prime Minister says that she is ready to give her
testimony to the National Anti-Corruption Commission (NACC) over charges
of graft in the rice mortgage program. She is facing charges for negligence

7.
in duty over the rice subsidy scheme, and could be forced to step down as
Prime Minister, if found guilty.
Tags:
Thailand rice mortgage program
- See more at: http://oryza.com/news/rice-news/thailand-government-approves-payments-rice-
farmers-621-million-central-budget#sthash.Ncruq7tN.dpuf
Ghana Steps Up Efforts to Increase Rice Production
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Mar 19, 2014

8.
The Ghana government is speeding up its efforts to increase production and
processing of rice locally to reduce dependence on imported rice, according
to a senior policy advisor at the Office of the President.
The Senior Advisor says that there is an urgent need to transform the
agricultural practices in Ghana because while rice production increased by
about 60% over the last five years (2008 - 2012) in Ghana, imports have
increased by about 70% during the same period.
The Senior Advisor says that the government and the private sector are
working together to increase the harvested area under rice and to enhance
rice processing facilities in the country. The private sector has already
invested in two new rice-processing factories in the Northern and Volta
regions, and is planning to set up another one in the Greater Accra Region,
he adds. The government has allocated more than 1,200 hectares of land for
rice production in the rice three regions and the private sector has added
another 8,000 hectares. The newly added land by the government and the
private sector in the three regions will supplement the existing 6,000
hectares in the regions, he says.
According to the USDA, Ghana’s rice production is estimated at about
300,000 tons (milled basis) in MY 2013-14. The U.S. agency expects Ghana
to import 575,000 tons of rice during the year to meet consumption needs of
around 925,000 tons of rice.
Tags:
Ghana rice production, Ghana rice imports
- See more at: http://oryza.com/news/rice-news/ghana-steps-efforts-increase-rice-
production#sthash.k0BLFjrV.dpuf
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